Nintendo Co Ltd
7974: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|K?<^ | LOCK|Y!? | LOCK|%!XxgVp |
Nintendo Earnings: Smooth Transition to New Console Expected; Fair Value to JPY 8,500 From JPY 8,000
Nintendo's September-quarter revenue and operating income were down 17.4% and 29.2% year over year, respectively, but both aligned with our expectations. The company lowered its operating income forecast for fiscal 2024 (ending March 2025) by 10%, which wasn't as bad as we had feared.
